Doom & Gloom in Calgary Real Estate? Nope!
It seems that all of the media hype of falling real estate prices is just that. Hype. While the number os sales is certainly down, prices are not being adversely affected as yet. Here are the facts. While the average MLS® residential price decreased a mere 1.1 per cent from April 2015 to $393,285, Calgary actually reports the opposite with an actual increse of 1.1%. Here is a chart of the provincial numbers...
and another one showing more Calgary details.
So, apparently things aren't so bad after all, at least in Calgary. To download the complete April report from the Alberta Real Estate Accociation, click HERE.
Data supplied by CREB®’s MLS® System. CREB® is the owner of the copyright in its MLS® System. The Listing data is deemed reliable but is not guaranteed accurate by CREB®.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license.